Which Item Is a Tangible Object That Can Be Used

question 177

Multiple Choice

Which item is a tangible object that can be used to generate future income? I. a financial asset
II) a physical asset
III) a liability

• A) I only
• B) II only
• C) III only
• D) I, II, and III

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Definitions:

Fewer Employees

A situation or strategy where an organization operates with a reduced number of staff members to cut costs or improve efficiency.

Performing Well

Refers to achieving or exceeding set objectives, goals, or benchmarks in a specific context, such as business operations, academic achievements, or personal development.

Program Objectives

Describes the specific, measurable outcomes that a program aims to achieve within a set timeframe.

Nonprofit Organizations

Entities dedicated to furthering a particular social cause or advocating for a shared point of interest without intent to distribute profits to members.